Scotiabank reports profits up on loan growth, higher interest margins
Global wealth management earnings grew 9%
- By: Ian Bickis, The Canadian Press, IE Staff
- May 25, 2022 May 25, 2022
- 12:11
Global wealth management earnings grew 9%
Wealth management income was down in the quarter
Portfolio composition explains some but not all of ESG funds' advantages, ESMA finds
Tough U.K. stress test finds financial costs rise as climate action is delayed
Analyst says results could lead to negative earnings revisions around fee income growth in wealth management
Fund manager pays US$1.5 million to settle allegations involving ESG disclosure
Output turned negative in several major economies amid supply challenges
The FCA is seeking changes to address liquidity concerns revealed in March 2020
In an income tax folio, the Canada Revenue Agency clarified its position on settlement amounts and registered plans
Mutual funds saw net redemptions in April while ETF sales stayed positive, IFIC reported
The benchmark index was down 2% for the day in afternoon trading
Model rule, if implemented by regulators, would add enforcement teeth to arb awards, sanctions
A new survey by the Conference Board of Canada indicates consumer confidence decreased 11.7 points in May
'Hot print' from Micron Technologies boosted enthusiasm for tech stocks, says portfolio manager
Central bank sees slowdown in wage gains from collective agreements
Rise in benchmark short-term rate to 0.75% is aimed at curbing inflation
Accountant allegedly found assets used to lure investors to schemes
OSC forgoes monetary sanctions, amid bankruptcy, ongoing litigation
Execs that previously pleaded guilty in fraud case accept regulatory sanctions
Plus, Raymond James gains Richardson advisor, and promotions at BMO, CI GAM, Wellington-Altus and more
Provincial regulator can halt trading when misinformation circulates
QAFP exam has one more sitting before title protection transition ends
Plus, Wellington-Alus Private Counsel and Ninepoint Partners add new talent
Also, moves at Mackenzie Investments, Edward Jones Canada and the CSA
Plus, moves at BMO Private Wealth, Fiera Capital and CIBC GAM
Mutual fund, ETF AUM rose for the seventh consecutive month
Plus, other product launches and news, including more ESG fund terminations
More than 300 new products landed in 2025 — a new record